Tiredness ‘could have triggered bank intern’s fatal seizure’

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Investment banks should not monitor the working hours of their staff, a senior
executive at Bank of America Merrill Lynch said yesterday, as an inquest
heard that extreme work exhaustion could have caused the death of one of its
interns.

Bob Elfring, co-head of corporate and investment banking in Europe, the Middle
East and Africa, said there was a “hesitance” to monitor the comings and
goings of staff because of privacy concerns. “I don’t think it works if
there is a clocking system in place,” he said.

He was giving evidence at the inquest of Moritz Erhardt, a 21-year-old intern